GROVER: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
GROVER
Largest movements
- Receivables within one year +€12,232
new in 2025: €12,232
of which Other amounts receivable: +€9,514
- Stocks and contracts -€11,207
down €11,207 (-42.3%), from €26,492 to €15,284
- Tangible fixed assets -€8,100
down €8,100 (-12.0%), from €67,600 to €59,500
- Cash +€7,893
up €7,893 (+383%), from €2,058 to €9,951
mainly Stocks and contracts (+€11,207) and Depreciation (+€8,100)
- Other debts -€6,455
down €6,455 (-45.1%), from €14,327 to €7,872
- Trade debts +€5,605
up €5,605 (+244%), from €2,295 to €7,901
- Profit (loss) carried forward +€1,455
up €1,455 (+86.2%), from -€1,689 to -€233
- Tax, wage and social debts +€1,432
up €1,432 (+26.8%), from €5,349 to €6,781
- Short-term financial debts -€1,221
no longer reported in 2025 (was €1,221)
- Turnover +€473,146
new in 2025: €473,146
- Purchases and services +€459,755
new in 2025: €459,755
- Gross operating margin -€8,899
down €8,899 (-23.3%), from €38,155 to €29,256
- Other operating charges +€6,944
up €6,944 (+107%), from €6,464 to €13,408
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,150 | €96,967 | +€817 | +0.8% |
| Fixed assets | 21/28 | €67,600 | €59,500 | -€8,100 | -12.0% |
| Tangible fixed assets | 22/27 | €67,600 | €59,500 | -€8,100 | -12.0% |
| Plant, machinery and equipment | 23 | €67,600 | €59,500 | -€8,100 | -12.0% |
| Current assets | 29/58 | €28,550 | €37,467 | +€8,917 | +31.2% |
| Stocks and contracts in progress | 3 | €26,492 | €15,284 | -€11,207 | -42.3% |
| Stocks | 30/36 | €26,492 | €15,284 | -€11,207 | -42.3% |
| Amounts receivable within one year | 40/41 | - | €12,232 | +€12,232 | |
| Trade receivables | 40 | - | €2,718 | +€2,718 | |
| Other amounts receivable | 41 | - | €9,514 | +€9,514 | |
| Cash at bank and in hand | 54/58 | €2,058 | €9,951 | +€7,893 | +383% |
| Total equity and liabilities | 10/49 | €96,150 | €96,967 | +€817 | +0.8% |
| Equity | 10/15 | €38,758 | €40,213 | +€1,455 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,847 | €21,847 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,987 | €19,987 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,689 | -€233 | +€1,455 | +86.2% |
| Amounts payable | 17/49 | €57,392 | €56,754 | -€638 | -1.1% |
| Amounts payable within one year | 42/48 | €57,392 | €56,754 | -€638 | -1.1% |
| Current portion of amounts payable after more than one year | 42 | €34,200 | €34,200 | = | 0.0% |
| Financial debts | 43 | €1,221 | - | -€1,221 | |
| Credit institutions | 430/8 | €1,221 | - | -€1,221 | |
| Trade debts | 44 | €2,295 | €7,901 | +€5,605 | +244% |
| Suppliers | 440/4 | €2,295 | €7,901 | +€5,605 | +244% |
| Taxes, remuneration and social security | 45 | €5,349 | €6,781 | +€1,432 | +26.8% |
| Taxes | 450/3 | €5,349 | €6,781 | +€1,432 | +26.8% |
| Other amounts payable | 47/48 | €14,327 | €7,872 | -€6,455 | -45.1% |
| Turnover | 70 | - | €473,146 | +€473,146 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €459,755 | +€459,755 | |
| Remuneration, social security and pensions | 62 | €324 | - | -€324 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,644 | €8,100 | -€2,544 | -23.9% |
| Other operating charges | 640/8 | €6,464 | €13,408 | +€6,944 | +107% |
| Gross operating margin | 9900 | €38,155 | €29,256 | -€8,899 | -23.3% |
| Operating profit (loss) | 9901 | €20,724 | €7,748 | -€12,976 | -62.6% |
| Financial income | 75/76B | €0 | €1 | +€0 | +4,900% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +4,900% |
| Financial charges | 65/66B | €3,415 | €6,293 | +€2,878 | +84.3% |
| Recurring financial charges | 65 | €3,415 | €460 | -€2,955 | -86.5% |
| Non-recurring financial charges | 66B | - | €5,833 | +€5,833 | |
| Profit (loss) for the period before taxes | 9903 | €17,309 | €1,455 | -€15,853 | -91.6% |
| Income taxes | 67/77 | €4,274 | - | -€4,274 | |
| Profit (loss) for the period | 9904 | €13,035 | €1,455 | -€11,579 | -88.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,035 | €1,455 | -€11,579 | -88.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.